Ballston Area Community Center Inc
Ballston Area Community Center Inc maintains strong asset growth and reports no officer compensation across all filings.
EIN: 141622578 · Ballston Spa, NY · NTEE: I210 · Updated: 2026-03-28
Is Ballston Area Community Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ballston Area Community Center Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ballston Area Community Center Inc
Ballston Area Community Center Inc (EIN: 141622578) is a nonprofit organization based in Ballston Spa, NY, classified under NTEE code I210. The organization reported total revenue of $1.7M and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ballston Area Community Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ballston Area Community Center Inc is a mid-size nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $1.6M |
| Surplus / Deficit | $-48,068 |
| Total Assets | $2.8M |
| Total Liabilities | $78K |
| Net Assets | $2.8M |
| Operating Margin | -3.0% |
| Debt-to-Asset Ratio | 2.7% |
| Months of Reserves | 20.8 months |
Financial Health Grade: B
In 2023, Ballston Area Community Center Inc reported a deficit of $48K with expenses exceeding revenue, holds 20.8 months of operating reserves (strong position), has a debt-to-asset ratio of 2.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Ballston Area Community Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +32.4% | +39.2% | -1.1% |
| 2022 | -18.8% | +21.3% | +1.9% |
| 2021 | +97.6% | +8.5% | +22.2% |
| 2020 | -23.4% | -15.0% | -6.8% |
| 2019 | -65.1% | +15.0% | -3.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ballston Area Community Center Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Ballston Area Community Center Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $48K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all 13 available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of its size with assets exceeding $2.8 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Ballston Area Community Center Inc's IRS 990 filings:
- Unusually low liabilities relative to assets, which could indicate conservative financial reporting or a very strong cash position.
- Significant revenue fluctuation in 2018 ($2.79M) compared to other years (e.g., $0.74M in 2020), which could indicate reliance on sporadic large grants or campaigns.
Strengths
The following positive indicators were identified for Ballston Area Community Center Inc:
- Consistent asset growth, from $491,718 in 2014 to $2,833,713 in 2023, indicating strong financial stewardship.
- Zero officer compensation reported across all 13 filings, demonstrating a strong commitment to directing funds to programs and minimizing executive overhead.
- Healthy balance sheet with low liabilities relative to assets (e.g., $77,886 liabilities vs. $2,833,713 assets in 2023), indicating financial stability.
- Positive net assets in most years, with expenses generally managed within or close to revenue, showing responsible financial management.
Frequently Asked Questions about Ballston Area Community Center Inc
Is Ballston Area Community Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ballston Area Community Center Inc (EIN: 141622578) some concerns. Mission Score: 90/100. 2 red flags identified, 4 strengths noted.
How does Ballston Area Community Center Inc spend its money?
Ballston Area Community Center Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ballston Area Community Center Inc tax-deductible?
Ballston Area Community Center Inc is registered as a tax-exempt nonprofit (EIN: 141622578). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Ballston Area Community Center Inc manage to operate without paying officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization's leadership roles may be entirely volunteer-based or compensated through other means not classified as 'officer compensation' on the 990, or that the individuals holding these roles are not compensated at all. This is a significant operational model that warrants further inquiry into their governance structure.
What caused the significant revenue spike in 2018 to $2,790,419?
The 2018 revenue of $2,790,419 was significantly higher than other years, which averaged around $1 million. This could indicate a major capital campaign, a large one-time grant, or a significant fundraising event during that period. Further investigation into the 2018 IRS 990 filing would be needed to identify the specific source of this revenue.
What is the organization's primary source of funding given its revenue fluctuations?
While the provided data shows revenue fluctuations, the consistent operation and asset growth suggest a diversified funding base, likely including grants, individual donations, and potentially program service fees. The specific breakdown of funding sources would be detailed in the full IRS 990 filings.
Filing History
IRS 990 filing history for Ballston Area Community Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ballston Area Community Center Inc's revenue has grown by 148.5%, moving from $638K to $1.6M. Total assets increased by 645.9% over the same period, from $380K to $2.8M. Total functional expenses rose by 164.1%, from $618K to $1.6M. In its most recent filing year (2023), Ballston Area Community Center Inc reported a deficit of $48K, with expenses exceeding revenue. The organization holds $78K in liabilities against $2.8M in assets (debt-to-asset ratio: 2.7%), resulting in net assets of $2.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $1.6M | $2.8M | $78K | — | — |
| 2022 | $1.2M | $1.2M | $2.9M | $62K | — | View 990 |
| 2021 | $1.5M | $967K | $2.8M | $31K | — | View 990 |
| 2020 | $747K | $891K | $2.3M | $30K | — | — |
| 2019 | $974K | $1.0M | $2.5M | $54K | — | View 990 |
| 2018 | $2.8M | $911K | $2.6M | $60K | — | View 990 |
| 2017 | $900K | $861K | $643K | $32K | — | View 990 |
| 2016 | $834K | $810K | $606K | $34K | — | View 990 |
| 2015 | $812K | $755K | $548K | $0 | — | View 990 |
| 2014 | $767K | $732K | $492K | $0 | — | View 990 |
| 2013 | $732K | $676K | $457K | $0 | — | View 990 |
| 2012 | $687K | $666K | $401K | $0 | — | View 990 |
| 2011 | $638K | $618K | $380K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6M, expenses of $1.6M, and assets of $2.8M (revenue +32.4% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.2M, and assets of $2.9M (revenue -18.8% year-over-year).
- 2021: Revenue of $1.5M, expenses of $967K, and assets of $2.8M (revenue +97.6% year-over-year).
- 2020: Revenue of $747K, expenses of $891K, and assets of $2.3M (revenue -23.4% year-over-year).
- 2019: Revenue of $974K, expenses of $1.0M, and assets of $2.5M (revenue -65.1% year-over-year).
- 2018: Revenue of $2.8M, expenses of $911K, and assets of $2.6M (revenue +209.9% year-over-year).
- 2017: Revenue of $900K, expenses of $861K, and assets of $643K (revenue +8.0% year-over-year).
- 2016: Revenue of $834K, expenses of $810K, and assets of $606K (revenue +2.7% year-over-year).
- 2015: Revenue of $812K, expenses of $755K, and assets of $548K (revenue +5.9% year-over-year).
- 2014: Revenue of $767K, expenses of $732K, and assets of $492K (revenue +4.7% year-over-year).
- 2013: Revenue of $732K, expenses of $676K, and assets of $457K (revenue +6.6% year-over-year).
- 2012: Revenue of $687K, expenses of $666K, and assets of $401K (revenue +7.6% year-over-year).
- 2011: Revenue of $638K, expenses of $618K, and assets of $380K.
Data Sources and Methodology
This transparency report for Ballston Area Community Center Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.